33 ggr­roou­up­pss iinn ffiinnaall sst­taaggee ffoorr aai­ir­rp­poor­rttss tteen­nd­deerr

Financial Mirror (Cyprus) - - FRONT PAGE -

Three groups bid­ding to lease and op­er­ate 14 of Greece’s 39 re­gional air­ports have met the nec­es­sary tech­ni­cal re­quire­ments and their of­fers will be opened this week, the pri­vati­sa­tion agency said.

The ten­der to op­er­ate air­port ter­mi­nals at some of the most popular tourist is­lands such as Rhodes, Corfu, Mykonos and San­torini is part of the coun­try’s pri­vati­sa­tion pro­gramme, fol­low­ing a 240 bln euro bailout.

Pri­vati­sa­tions to raise funds to pay down pub­lic debt have been a key part of the bailout, but the pro­gramme has con­sis­tently fallen short of tar­gets. The coun­try’s pri­vati­sa­tion agency HRADF said Ger­many’s Fraport jointly with Slentel Ltd, Ar­gentina’s hold­ing company Cor­po­ra­tion Amer­ica with Greek en­gi­neer­ing firm Metka, and France’s Vinci with Greek con­trac­tor El­lak­tor had met the tech­ni­cal spec­i­fi­ca­tions. The pri­vati­sa­tion agency said in Oc­to­ber that th­ese three groups, out of seven short-listed last year, had put in bind­ing bids for the air­ports. Of­fi­cials at the agency have said would-be in­vestors are ex­pected to spend about 300 mln euros to up­grade the air­ports that will be leased for 40 years. Greece has signed pri­vati­sa­tion deals worth about 5 bln euros since it was bailed out four years ago, rais­ing about 3 bln in cash. The sum is far be­low an orig­i­nal tar­get of 22 bln euros for 2010-2013.

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